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The August Smart Lock by Yves Behar Syncs Re-Thinks Home Security

Since fiddling with keys can be such a nuisance, the August Smart Lock is stepping in to make things much more convenient and secure. It is a high-tech door locker that is controlled via people's smartphones. The August Smart Lock is a great alternative when taking into consideration that losing keys and forgetting key codes can be just as frequent.

Designed by celebrated designer Yves Béhar, the August Smart Lock essentially re-thinks home security. It works with existing bolt locks to let users have both keyless and keyed access. Through an accompanying app and Bluetooth LE, it also allows people to send virtual keys to anyone who requires entry when they're not there. The app then alerts them to when the guests have arrived and departed.
Trend Themes
1. Smart Locks - The market for smart locks is growing as consumers demand more convenient and secure access to their homes. Businesses in this industry have an opportunity to innovate with new features such as voice recognition and facial recognition.
2. Mobile Control - The use of smartphones as control interfaces for everyday objects is becoming more common. Companies developing products in this trend have an opportunity to create new products in industries such as home automation, security, and transportation.
3. Virtual Keys - The concept of virtual keys is disrupting traditional key-based access to residential and commercial properties. Innovation opportunities exist for businesses that create secure and streamlined processes for issuing and revoking virtual keys.
Industry Implications
1. Home Security - The August Smart Lock is disrupting the home security industry by offering a more convenient and secure alternative to traditional locks. Other businesses in this industry have an opportunity to create new products and services that incorporate mobile control, virtual keys, and other innovative features.
2. Mobile App Development - Mobile apps are the primary interface for users of smart locks such as the August Smart Lock. Businesses in this industry have an opportunity to create innovative apps that offer new features such as automatic unlocking, remote monitoring, and integration with other smart home systems.
3. Residential Real Estate - The use of smart locks and other smart home technologies is becoming increasingly popular among homeowners and renters. Businesses in this industry have an opportunity to create value-added services such as smart home installation and maintenance, as well as integration with mobile apps and virtual key management systems.

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